The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1887-08-13

tensively narrowed down. The receipts
OF ore for the past week neRreeated g.
900 tons against 23, 900 tons for the
same week last year. The shipments to
the furnaces were nearly 10000 tons,
a considerable increase over last weeks
business. Sales have been moreirequcnt
than for any one week since May, but the
amounts have been small, the highest
reported transaction being an S00-ton
lot of Bessemer hematites, and figures
said to be slightly under $5.75. Ore Is
absolutely out Of the Market" remark
ed prominent dealer to-day. Another
dealer said he had received orders for
several small lots but was unable IL give
quotations, Vessel rates were fiuctuat-
ing and il was almost impossible 20 say
whether the seasons output Of the mines
he represented had been entirely sold or
not. IL will be several weeks before ac-
curate quotations can be given and be-
fore an intelligent diagnosis oil the market
can be made. A great amount Of ore Is
going to Fairport this season, about
$4,000 tons having been unloaded mt
that port during the pastweek. Follow
ing are the quotations in this market:
No. specular and magnetic Besse-
mer ores per ton.......................&7 OO@7 90
No. specular mon Bessemer) ores
p per uss,,;s. 7S%S 20
Non Bessemer Hematites........-.. o0@5 90
Cleveland Iron Trade Review.
The drift running east and west Mt the
Kimball mine has been connected and
that property now possesses splendid
underground ventilation. Now that the
driving OF this drift has been completed
the mine will be ut once placed in the best
possible shape for mining and IL is among
the possibilities that the Kimball will do
considerable shipping before the close oil
navigation. The putting in OF spur
track has been somewhat delayed, but
when work Is once commenced ON IL only
short time will be required TO complete
IL as the mine In only short distance
from the Sheldon 4 Shafer spur track.
The mine is looking splendid and certain
ly has a bright future. There yet re-
mains some dead work TO be done when
mining and hosting will be carried on as
rapidly as possible and the stock pile
materially increased. At present only a
small force Of miners isengaged, but when
everything Is in readiness, and that ii is
understood will be very soon, all OF the
miners that can possibly be handled will
be put on and the underground work
pushed along with all possible speed.
The main shaft now has a depth oieighty-
five feet with cross-cut running about
forty feet north from the bottom; this
cross-cut liz intersected about twenty feet
north Of the shaft by the drift whichc con-
meets the main with No. 2 shaft. At a
point about fifty feet west OF the inter
section al the cross-cut and drift another
cross-cut has been started south. Ithas
not yet been determined To what distance
this cross-cut will be driven. At a point,
not vet decided, in the south cross-cut,
Wine will be lowered sixty feet, drift
viii be driven from the bottom Of this to
a point directly under the main shaft and
under end stopeing done until the present
bottom 81 the main shaft is reached.
This work will not be done ms dead, but
the ore taken out in the work viii be
stocked. The various underground ex-
plorations have shown that the Kimball
has large body Of ore, the distance be-
tween the walls being about sixty-seven
feet, the length OF the vein is unknown.
The ore Immediately under the Gaping
WIS not really first class and gave weight
10 derogatory stories regarding the value
Of the mine. which may or may not have
injured the reputation OF the property.
The poorer ARE has worked out and
cleaned up; the work now being done is
in the true vein OF splendid ore. A visit
To the mine will convince the most skep-
teal that the Kimball il really bonan-
In ~ no small magnitude.